I HELD TWO SPECIAL CHATS TODAY, WHEREIN I DISCUSS WHAT'S GOING ON WITH AN OFFICIAL PARLIAMENT PRESS RELEASE -

THE PARLIAMENT CAME OUT WITH AN OFFICIAL PRESS RELEASE ON SUNDAY'S HOSTING OF THE GOVERNOR OF THE CBI, ALI ALAQ MOHSEN OR "KEYWORDS"!

ALSO, ABADI HAS FORMED A "CRISIS CELL" MEETING TO REMOVE THE CUSTOMS FEES, KEYWORDS PUT IN PLACE - THIS IS A BOLD MOVE BY THE GOVERNMENT - AND DIRECTLY CONNECTS WITH SUNDAY'S "HOSTING" OF KEYWORDS....

THANK YOU AND HAVE A GREAT DAY! OOTW

This is chat discussion from 18 June 2015 and the time stamp is AZ time.

[10:22:46] sczin11: OKAY FOLKS, OOTW IS ABOUT TO BEGIN.. JUST WANT YOU ALL TO THINK ABOUT WHAT HAS BEEN GOING ON IN THE NEWS FOR THE LAST 4-6 DAYS ... LETS LOOK AT MY SHORT OPINION PIECE FROM YESTERDAY...KEEP IT IN MIND AS OOTW BEGINS
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[10:23:25] sczin11: sczin11- IN THE LAST 30 MINUTES ALONE, I HAVE READ NO LESS THAN 8 VERSIONS OF THE REASONS FOR THE DECLINE IN THE VALUE OF THE IRAQI DINAR... JUST KNOW, THIS IS THE RHETORIC OF THE WEEK... MAKE THE WORLD KNOW, THERE IS LIQUIDITY PROBLEMS IN IRAQ...THERE IS FIGHTING BETWEEN GOI AND CBI...’ THERE ARE MAJOR ACCUSATIONS AND THEORIES AS TO WHAT CAUSED THE DECREASE IN THE VALUE OF THE DINAR AGAINST THE US DOLLAR... THERE IS FINGER POINTING, THERE ARE MORE MEETINGS BEING CALLED FOR TO DISCUSS THIS ISSUE... THE CABINET WILL MEET THURSDAY...THE FINANCE COMMITTEE WILL MEET SUNDAY... THE CBI WILL BE CALLED ON...

MY OPINION, AS HISTORY HAS SHOWN .....WITH ALL THIS TALK....SOMETHING IS BOUND TO OCCUR...SOMETHING IS GOING ON BEHIND THE SCENES...!! [10:26:26] OOTW: I'M GOING TO BRING IN AN ARTICLE FROM THE PARLIAMENT SITE [10:27:17] OOTW: Finance Committee expresses concern about the rise of the dinar exchange rate against the US dollar June 18, 2015 Statement Finance Committee is in the House of Representatives expressed concern rising Iraqi dinar-exchange rate against the US dollar, which affects the purchasing power of citizens, especially with the proximity of the holy month of Ramadan. The House of Representatives has approved the article (50) in the budget related to auction foreign currency and its effects on the price of the Law exchange rate of the Iraqi dinar against the US dollar include urged the central bank to use banking tools to keep the exchange rate, but the central bank objected before the Federal Court on this article did the Federal Court decide it so far. [10:27:52] OOTW: SO WHAT THEY'RE SAYING HERE HAS STRONG IMPLICATIONS 10:28:15] OOTW: THE GOI FORMULATED THE 75M CAP TO BE INSTILLED IN BUDGET, TO MAKE IT A LAW,....WE ALL KNOW THIS NOW [10:28:26] OOTW: THX LOVE IT [10:28:46] OOTW: THEY'RE ALSO SAYING THAT KEYWORDS HAD HIS DAY IN COURT BUT THE SJC HASN'T COME TO A RULING [10:28:49] OOTW: BUT... [10:29:21] Sam: SJC?? [10:29:36] sczin11: SUPREME JUDICIAL COUNCIL [10:30:08] OOTW: BECAUSE THE CONSTITUTION SAYS THAT 1) THE GOI HAS AUTHORITY OVER MONETARY POLICY AND 2) THAT THE CBI IS STILL LISTED AS AN INDEPENDENT BODY – BECAUSE OF THE UNCERTAINTY KEYWORDS WENT AHEAD AND INCREASED THE AUCTION CAP AND HE COULD DO THIS BECAUSE THE "INDEPENDENCE" QUESTION STILL STANDS [10:30:15] OOTW: SORRY THANKS SCZIN [10:30:30] OOTW: SO...WE GET TO WHY THIS IS BEFORE THE HOR.... [10:31:05] Sam: HOR House of Representatives [img=20x20]file:///C:/Users/Doug/AppData/Local/Temp/msohtmlclip1/01/clip_image001.png[/img] [10:31:06] OOTW: THIS IS BEFORE THE HOR BECAUSE - GUESS WHAT...THEY HAVE TO PASS A LAW IF THERE'S GOING TO BE ANY KIND OF A CHANGE RE MONETARY POLICY - AND ALSO, IF THEY DECIDE TO CHANGE THE 75M CAP INSTILLED IN THE BUDGET [10:31:26] OOTW: SO THIS IS THE REASON FOR THE MEETING AS ROOT [10:31:34] OOTW: NEXT COUPLE OF PARAGRAPHS...BRB [10:31:05] Sam: HOR House of Representatives [10:31:06] OOTW: THIS IS BEFORE THE HOR BECAUSE - GUESS WHAT...THEY HAVE TO PASS A LAW IF THERE'S GOING TO BE ANY KIND OF A CHANGE RE MONETARY POLICY – AND ALSO, IF THEY DECIDE TO CHANGE THE 75M CAP INSTILLED IN THE BUDGET [10:31:26] OOTW: SO THIS IS THE REASON FOR THE MEETING AS ROOT [10:31:34] OOTW: NEXT COUPLE OF PARAGRAPHS...BRB [10:31:57] OOTW: was ordered to wait in the implementation of this and refrained Central Bank for implementation and that is contrary to the Constitution because the laws are enforceable after publication in the Official Gazette. He has the central bank to sell large amounts of the dollar during this period where that on 31.05.2015 sold more than $ 393 million to banks and banking companies continued to sell large quantities did not adhere reduction which legitimized the House of Representatives under the budget law as the Finance Committee has sought to remedy the depletion of hard currency and tackle corruption and the protection of the Iraqi economy, however, the dollar exchange rate continued to rise note that the Iraqi state has a hard currency enough to buy everything that exists in the market of Aldenarabraghi prevailing prices with the survival of billions of dollars in Iraq's possession. [10:33:12] OOTW: THIS IS SAYING THAT BY THE 75M CAP INSTILLED IN THE BUDGET, THE GOVT SOUGHT TO CONTROL MONEY LAUNDERING AND CORRUPTION [10:33:35] OOTW: AND BECAUSE KEYWORDS DECIDED TO CONTINUE TO EXCEED THE 75M CAP - HE, IN EFFECT, ENABLED MORE CORRUPTION TO TAKE PLACE [10:34:11] sczin11: KEYWORDS= ACTING CBI GOVERNOR ALI ALAAQ [10:34:28] OOTW: THE FINANCE COMMITTEE, ALSO VIA THE AUCTION CAP, SOUGHT TO ADDRESS THE ISSUES IN THE MARKETPLACE RE LOW LIQUIDITY/AVAILABLE DOLLARS OR DINARS [10:34:41] OOTW: SEE...WE HAVE A KIND OF DANCE GOING RE THE CURRENCY MARKETPLACE [10:35:13] OOTW: ONE DAY THEY PUSH DOLLARS, THE NEXT THEY PUSH DINAR, ETC...AND WE'RE GOING TO SEE SOMETHING VERY INTERESTING RE THIS POLICY, MIRRORED IN ANOTHER NEARBY COUNTRY [10:35:20] OOTW: BRB [10:35:38] OOTW: The Finance Committee has revealed organized groups you are buying the dollar under false pretenses as something to offer information to the Central Bank for the purchase entirely different from the beneficiary of the transfer the money by the banks that you buy. And become these groups control prices Dollar in collaboration with some corrupt in the central bank and other authorities in the state. The Finance Committee has taken its actions in this regard and held a series of meetings with stakeholders and were on the track wrote to the Central Bank and Ministry of Finance and the Office of Financial Supervision and the Supreme Judicial Council and to state banks. [10:37:02] OOTW: SO TO REITERATE, THE FINANCE COMMITTEE GOT TOGETHER WITH BANKS IN COUNTRY, AND TOLD THEM, "HEY, WE'RE STILL SEEING CORRUPTION RE STREET TRADERS BUYING DOLLARS FROM YOU, TAKING THEM OUT ONTO THE STREET AND THEN SELLING THEM FOR PRICES VARYING FROM YOURS" [10:37:31] OOTW: AND WE KNOW WE'VE SEEN THE RATE GOING ALL OVER THE PLACE [10:37:42] DT N AZ: Shabibi needs to be put back in as Governor of CBI to stop the corruption [10:37:43] sczin11: REMEMBER, THE CBI ACTING GOVERNOR, KEYWORDS IS A MALIKI MAN- WHO HAS BEEN TRYING TO CAUSE THE FAILURE OF THE ABADI GOVERNMENT PLAN? [10:39:00] sczin11: WHO IS IN CHARGE OF THE FINANCE COMMITTEE- CHALIBI! [10:39:21] OOTW: YES SCZIN - GREAT POINTS BY YOU AND DT N AZ [10:39:26] OOTW: HERE'S MORE BRB [10:39:42] OOTW: This crisis require work differently from the previous contexts surprises to deal with this rise in exchange rates, therefore the Finance Committee decided to hold an extraordinary meeting of emergency during the legislative recess and invite all of Governor of the Central Bank and the Financial Inspection Office and the Association of banks to this meeting On Sunday, 21/06/2015. [10:40:26] sczin11: AND NOW WE TAKE ALL THIS TO AN EXTRA ORDINARY, EMERGENCY FINANCE COMMITTEE MEETING, ON SUNDAY, WHERE THE CBI WILL BE PRESENT... [10:40:32] OOTW: THIS IS A HUGE DEAL...THEY'RE GOING TO HOLD A MEETING TO BASICALLY INTERROGATE KEYWORDS AND OTHER MEMBERS OF THE BANKS [10:40:45] OOTW: YES SCZIN! [10:40:57] OOTW: I LOVE WE'RE ON THE SAME PAGE [10:41:09] Sam: and hopefully they will do it [10:41:22] OOTW: IT'S MY OPINION THAT THIS MEETING IS A NECESSITY BEFORE THEY TAKE SOME KIND OF DECISIVE ACTION [10:41:24] whitelions: ‹@DT N AZ› thats not going to happen more likely it will be CHALIBI [10:41:43] OOTW: OKAY I'M GOING TO BRING IN ANOTHER ARTICLE [10:41:55] Donnie: ‹@love it 2› Hi Lady!

[10:42:09] sczin11: REMEMBER HOW WE STARTED THIS LITTLE CHAT- FROM YESTERDAY...AND NOW ALL THIS DCOMES OUT OF MEETINGS TODAY...FOLK

[10:42:15] DT N AZ: Chalibi is not a trusted person by the USA. He is the one that came to the US Gov and told us Saddam had weapons of mass distruction

[10:42:35] OOTW: TRUE DT AND THE ECB DOESN'T LIKE HIM MUCH EITHER

[10:42:37] sczin11: FOLKS..SOMETHING IS MOST DEFINITELY GOING ONE

[10:42:41] OOTW: Parliamentary Economic demanding activating the economic role of the police to adjust the price of the dollar against the local currency History of edits:: 06/18/2015

[10:43:09] OOTW: parliamentary Economic Committee today demanded to activate the economic role of the police to adjust the price of the dollar against the local currency.

He said the decision of the Economic Commission Harith al-Harthy told all of Iraq [where] that "the high price of the dollar against the local currency has many reasons, including to pressure the government on the other hand, the citizens until there is a negative impact against the government."

[10:43:28] Sam: and I believe they did have weapons...just gave him too much time to get rid of them

[10:43:41] whitelions: ‹@DT N AZ› so what he is trusted by Iraq and when it comes down to it they will put the best person for the job in and as much as we like Shabbs he will not do it he will advise only

[10:44:16] Sam: Shabs will never be back with Maliki

[10:44:17] OOTW: THIS STATEMENT IS SAYING THAT THE CITIZENS ARE BEING HARSHLY IMPACTED VIA THE CURRENCY REGULATIONS

AND THAT THE GOVERNMENT HAS TO DO SOMETHING, LIKEWISE THE PEOPLE NEED TO HOLD THE GOVT ACCOUNTABLE

[10:44:29] DT N AZ: Shabibi's greatest fear right now, is that Maliki is not in jail or contained.

[10:44:36] Sam: yes that was a good point

[10:44:40] OOTW: THE GOVERNMENT IS TRYING TO DO JUST THAT BY PROXY OF TODAY'S MEETING ANNOUNCEMENT AND SUBSEQUENT MEETING THIS WEEKEND